Argonaut's Norris: Why Greece is staying put

GREEK ELECTIONS

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A Greek exit from the euro is unlikely, whatever the outcome of this weekend's elections, according to Barry Norris, co-founder of investment boutique Argonaut.

In Greece this weekend the electorate goes to the polls. There are 300 seats, of which 151 are needed to form a government. The leading party gets a boost of 50 seats. In the run up to the election, support has become polarised between New Democracy and Syriza. There are three possible outcomes: 1. A New Democracy led coalition (Samaras as PM) 2. A Syriza led coalition (Tsipras as PM) 3. No party is able to form a government and further elections are scheduled How do New Democracy and Syriza differ in their policies? Both parties agree that Greece should stay in the euro (as d...

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